Tesla's New Model 3 Is Expected to Start Production at the End of September
The new Tesla Model 3 is highly anticipated, and Tesla is also preparing its production capacity for the upcoming sales boom.
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CAAM Removes Clause About Car Companies Not Engaging in "Price Wars"
On the 8th, China Association of Automobile Manufacturers issued a statement on its official website stating that the previous commitment letter's mention of "disrupting market fair competition order with abnormal prices" involving "prices" was expressed improperly. Therefore, this clause has been removed from the commitment letter.
7/8/20233 min read
Xi Jinping: China Will Open up Wider to Broaden Market Access
Chinese President Xi Jinping announced the opening of the first China International Import Expo (CIIE) this morning at the National Exhibition and Convention Ce...
11/5/20184 min read
Tencent's 30 Million Yuan Investment to Alleged Plagiarizer “Chaping” Returned after Public Outcry
Chaping, an independent tech media on Tencent's WeChat platform, announced on Monday that it will voluntarily refund the investment to Tencent after an online o...
Fashion Sports Brand Starter Secures $40 Million in Financing
Starter, an international fashion sports brand, has recently received $40 million in C-round financing. The leading investor was QY Capital.
2/22/20223 min read
Chinese E-Commerce Giant JD Partners With Xpeng Motors to Install Charging Piles
Chinese e-commerce giant JD.com, Inc. signed an agreement with Xpeng Motors on Tuesday, providing Xpeng’s customers with services for their electric vehicles.
9/30/20203 min read
XPeng Reports $1.33B Loss in 2022
On March 17, Chinese electric vehicle manufacturer XPeng released its previous year-end financial report. Its total revenue for 2022 was 26.86 billion yuan ($3.89 billion), representing a 28% increase from the previous year.
NIO Lays Off 141 Employees Following Intel Deal
NIO has made significant personnel cuts to its the autonomous driving department at its North American headquarters in San Jose, laying off another 141 employees.
12/11/20192 min read
Zeekr's EV Charging Stations Launched in 20 Chinese Cities
Geely-backed electric vehicle brand Zeekr announced that as of March 17, its self-built charging stations had been launched in 20 cities across China.
3/21/20222 min read
Drone Firm DJI to Hold Product Launch Event on May 10
On Thursday, Shenzhen-based drone firm DJI announced plans to hold a new product launch event at 21:00 on May 10, under the slogan "A Twist in the Plot."
Nio’s Solid-state Battery Arrival in 2022 “Unlikely”: Experts
Nio’s unveiling of its first luxury electric sedan, the ET7, along with an announcement of a groundbreaking solid-state battery that could be released as soon as next year ignited much interest from investors.
1/13/20214 min read
Xiaomi India Announces Cooperation with Shell India
On Tuesday, Xiaomi India announced a new partnership with Shell India with the goal of making its products more accessible to consumers.
2/8/20221 min read